Tuesday, October 18, 2016

Eight Years of Sugar Coated Decay

Over the past eight years everything has gotten worse. But to hear the lamestream bullshit artists and fiction peddlers, everything got better; because throughout this era, the bar has gotten progressively lowered...

U.S. corporate earnings yield (red) with global GDP:

Global GDP worse
Corporate profits worse...

Global Trade weaker

Monetary distortion worse

Global debt, worse

Quality of jobs worse

Household solvency worse

China worse

Oil/commodity glut worse

Carry trade unwind, worse

Bank risk exposure, worse

Global housing bubbles, worse

Goldman Sachs was the center of attention today...

Revenue per share is 40% lower than 2008:

And then there were none...

Apple's iCar got shelved this week